University of Wisconsin wins Risk Management Challenge

A team of students from the University of Wisconsin-Madison won the 2023 Spencer-RIMS Risk Management Challenge at Riskworld this week.

British Columbia Institute of Technology, Burnaby, took second place in the student competition, and Appalachian State University in Boone, North Carolina, was third.

The student teams were tasked with identifying Southeastern Pennsylvania Transportation Authority’s top five risk management exposures and presenting solutions for the risks, including identifying three diversity, equity and inclusion initiatives.

From the original 24 entrants, eight teams were selected to present at Riskworld, the Risk & Insurance Management Society Inc.’s annual conference in Atlanta, and the three finalists gave their final presentations on Monday.